Not only has Guy Ritchie moved on from ex-wife Madonna with 29-year-old model Jacqui Ainsely -- the two just announced that they're expecting their first child together!

"They have been keen to start a family. We expect to hear wedding bells next year," a source told the Daily Mail. "Jacqui was crying with joy when she found out. They went on holiday because Guy is desperate for her to take it easy. He won't let her do anything more strenuous than argue over baby names."

Ritchie and Ainsely have been dating for over a year, and the director has sons Rocco, 10, and David, 5, with Madonna.